ASX-listed shares of DGL Group soar on first-half profit jump

DGL

09/02/2022 24:36

** Shares of DGL Group  DGL.AX  soar as much as 17.3% to
A$3.180, their best intraday pct gain since Aug 31, 2021 
    ** The New Zealand-based chemicals company says first-half
net profit after tax rose 187% to A$9 mln ($6.43 mln) and
revenue for the first half rose 182% to A$143 mln  urn:newsml:reuters.com:*:nASX3hYZj8
    ** Says it expects a revenue of A$343 mln for FY22, up from
A$154.5 mln reported last year 
    ** Stock hits highest level since Dec 31, 2021 
    ** DGL stock up over twofold since its debut listing last
May 

     ($1 = 1.3992 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))